Org.nr 997 178 009 2021 → 2022 Year-over-year analysis

ADVOKAT VIDAR SINDING AS: årsregnskap 2022 vs 2021

Shrank 33% on revenue, slipped into loss

approved 2023-05-31; registry 2023-06-03; journal 2023 459551

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVOKAT VIDAR SINDING AS. Revenue 2.69m NOK → 1.79m NOK (-33.3%). Net result +985.8k NOK → -62.0k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVOKAT VIDAR SINDING AS.

Scorecard

Revenue
2.69m NOK 1.79m NOK
-33.3%
Operating result
+1 275 NOK -62.1k NOK
-4971.5%
Net result
+985.8k NOK -62.0k NOK
-106.3%
Equity
n/m -141.0k NOK
—
Cash
56.0k NOK 172.4k NOK
+207.9%
Total assets
1.27m NOK 417.7k NOK
-67.1%

What improved

  • ↑

    Cash rose

    Bank deposits 56.0k NOK → 172.4k NOK (+207.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.69m NOK to 1.79m NOK (-33.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 275 NOK → -62.1k NOK (op. margin 0.0% → -3.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 985.8k NOK profit to a loss of 62.0k NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 23.2k NOK → 13.9k NOK (-39.9% YoY). Calculated